Weekly Newsletter ly Newsletter-Equity 21 MAY 2012

EQUITY ANALYSIS - DAILY

Weekly Newsletter
Contents
Market Wrap Market Performance NSE Gainers NSE Losers Volume Toppers World Indices Indian Equity Market Technical Analysis Nifty Spot Bank Nifty Future

MARKET WRAP
Nifty and Sensex both ended with moderate loss this week down less than 1%. U.S. Unemployment claims came at 367K; Trade Balance came at (-) 51.8B. This week all international markets were under pressure & given weak ending.

Negative cues from domestic and global markets made the markets vulnerable. The
markets remained inconsistent this week, the trend generally being negative. Both benchmark indices closed in the red and barring healthcare, all sectoral indices, too, closed negative. The Sensex and Nifty lost nearly 0.8% over the week. Nifty this week is expected to remain consolidate and may be moving in a range of 4700-5100.

India's Prices continued to spiral upward in April, with inflation climbing to a higherthan-expected 7.23% from 6.89% in March. Primary articles inflation at 9.71% vs 9.62% (MoM), Food group inflation at 10.49% vs 9.94% (MoM), WPI inflation revised to 7.36% vs 6.95% (Prov), Manufacturing inflation at 5.12% vs 4.87% (MoM), Fuel group inflation at 11.03% vs 10.41% (MoM), WPI all commodities index up 2.1% (MoM). Soaring food price was the main culprit, and increase in excise duty and service tax this year.

The mayhem continued this week as well, as sentiment remained jittery over the fate of
Greece following the inconclusive elections. The leaders failed to cobble together a new government, prompting the Greek President to declare fresh polls in June. Greece also suffered another rating downgrade from Fitch. Meanwhile, Spain too hogged the limelight due to growing concerns over its fragile banking sector. the rupee plummeted to a record low amid rising risk aversion and worsening external account.

MARKET PERFORMANCE
NSE GAINERS
COMPANY NAME Allsec Tech. Pudumjee Agro Welspun Global Soma Textiles ITD Cementation CURRENT 14.95 15.75 34.55 5.05 214.75 PREV. CLOSE(RS) 10.95 12.35 27.20 4.05 177.10 CANG.(RS) 4.00 3.40 7.35 1.00 37.65 CHAG.(%) 36.53 27.53 27.02 24.69 21.26

NSE LOSERS
COMPANY NAME Shri Lakshmi Cotsyn Gemini Comm Balaji Telefilms Kiri Industries LCC Infotech CURRENT 93.35 18.15 34.55 36.75 0.35 PREV. CLOSE(RS) 127.60 23.70 45.10 47.30 0.45 CANG.(RS) -34.25 -5.55 -10.55 -10.55 -0.10 CHAG.(%) -26.84 -23.42 -23.39 -22.30 -22.22

VOLUME TOPPERS
COMPANY NAME Suzlon Energy Lanco Infratech Unitech HDIL JP Associate CURRENT 20.10 12.00 21.45 61.95 62.05 PREV. CLOSE(RS) 20.00 12.10 21.40 62.00 62.25 CHAG.(%) 0.50 -0.83 0.23 -0.08 -0.32

Volume in (000s)
23138.43 22408.75 18516.99 15555.55 15395.14

SECTORIAL INDICES
Indices
Hang Seng Jakarta Composite Nikkei 225 KLSE Composite Seoul Composite Strait Times FTSE 100 Nasdaq DJIA S&P 500

Country
Hong Kong Indonesia Japan Malaysia South Korea Singapore United Kingdom United States United States United States

Date
18-May-2012 18-May-2012 18-May-2012 18-May-2012 18-May-2012 18-May-2012 18-May-2012 18-May-2012 18-May-2012 18-May-2012

Index
18951.85 3980.50 8611.31 1532.46

Net Change
-1275.43 -153.13 -398.34 -55.60

Change (%)
-6.31 -3.70 -4.42 -3.50 -8.35 -3.62 -4.99 -5.28 -3.78 -4.62

1782.46

-162.47

2779.10

-104.30

5267.62

-276.38

2778.79

-154.85

12369.38

-485.66

1295.22

-62.77

INDIAN EQUITY MARKET

INDICES
NIFTY BANK NIFTY SENSEX

VALUE
4891.00 9257.00 16153.00

CHANGE
-40.00 -122.00 -140.00

% CHANGE
-0.81 -1.30 -0.86

TECHNICAL VIEW
NIFTY WEEKLY PIVOT
INDICES NIFTY R4 5386 R3 5217 R2 5048 R1 4969 P 4879 S1 4800 S2 4710 S3 4541 S4 4372

OUTLOOK
Trend: - Consolidate Resistance: - 5050 5200 050, Support: - 4750, 4 4600 Strategy: - Sell on High

NIFTY WEEKLY

BANK NIFTY WEEKLY PIVOT

SCRIPT BANK NIFTY R4 10786 R3 10261 R2 9736 R1 9496 P 9211 S1 8971 S2 8686 S3 8161 S4 7636

OUTLOOK
Trend: - Consolidate Resistance: - 9650 10000 0, Support: - 8800, 85 8500 Strategy: - Sell on High BANK NIFTY DAILY

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